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An example of government's capital expenditure is

Economics

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  1. An example of government's capital expenditure is Capital expenditure refers to spending on assets that provide long-term benefits. Constructing new roads is an investment in infrastructure. D. Cost of constructing new roads

  2. 10 bags of wheat bought for $50 by a flour miller were sold for $65. What is the Value Added Tax payable by the flour miller if the tax rate is 5%?

  1. Calculate the value added by the flour miller.

    $$ \text{Value Added} = \text{Selling Price} - \text{Buying Price} = \$65 - \$50 = \$15 $$

  2. Calculate the VAT payable

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